Respuesta :
Answer:
The correct answer is option D.
Explanation:
Competitive advantage refers to the situation when a firm can provide better value to their customers or provide the same product at a lower cost. In other words, the company is able to outperform its competitors.
Economies of scale can arise because of several factors such as
- Economies of scale
- Geographical location
- Internal systems
Competitive advantage gives a firm the ability to produce more efficiently than its rival and thus the firm has greater profit than its rival.
